Latest Change USD/SGD 1.2602 +0.0031 Overnight Rate 0.06% +4 bps 2-Year Bond Yield 0.28% Unchanged 10-Year Bond Yield 1.51% +1 bp 2-Year Swap Offer 0.64% +4 bps 10-Year Swap Offer 2.05% -1 bp 2-10-Year Swap Curve 141 bps -5 bps SINGAPORE (Dow Jones)--The Singapore dollar was a little lower late in Asia Monday, as investors stayed focused on the euro zone and news from the meeting of finance ministers of G-20 nations in Mexico Sunday. The U.S. dollar was quoted as high as S$1.2610 during the session but stuck mostly to its recent range. Near the close of the Asian trading day, it was at S$1.2602, compared with S$1.2571 late Friday. Looking ahead, the picture is mixed for the Singapore dollar as there are no local data driving the currency, so it should react to news from Europe, said Selena Ling, the head of treasury research at OCBC Bank. "The G-20 rhetoric [hasn't been] very supportive for the euro, but the market [is still hoping] things will play out nicely for the euro zone," she noted. Ling said immediate resistance for the U.S. dollar is likely to stay near S$1.2610 for now, and tipped support around S$1.2650. Singapore government bonds were little changed after the Monetary Authority of Singapore sold S$2.3 billion of five-year government bonds Monday. The issuance drew a reasonable response, Ling said. The bonds, which carry a coupon of 2.375%, were sold at an average yield of 0.62% and had been offered at a cut-off yield of 0.68%. -By Gaurav Raghuvanshi; Dow Jones Newswires; +65 64154 154; gaurav.raghuvanshi@dowjones.com

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